NAB Limited Recourse Loan
The NAB Limited Recourse Loan allows approved investors to borrow a portion of the principal required to make an investment in an approved investment on a limited recourse basis.
Using the NAB Limited Recourse Loan allows you to increase your exposure to your selected investments.
Indicative Interest Rates as at 4 July 2011
Interest rate type | Interest rate (% p.a.) |
Variable rate | 9.05% |
Fixed rate in advance 1 year
3 years | 8.70% 9.00% |
Fixed rate monthly in arrears 1 year
3 years | 8.90%
9.15% |
Important Information Like other investment strategies, limited recourse borrowing involves an element of risk. Just as there is potential for growth in the value of Financed Investments, there is also potential for loss. Markets can be volatile and can fall as well as rise. It is important that you consider your individual financial circumstances. We strongly recommend that you talk to your legal, financial or tax adviser to determine if using a limited recourse borrowing is right for your particular circumstances and to understand the risks involved before you enter into a NAB Limited Recourse Loan. We have not in any way considered the suitability of the NAB Limited Recourse Loan for you and you should not infer that we are providing personal investment or tax advice in making the facility available to you.
HOW TO APPLY
Follow these steps:
- Determine the Approved Investment you would like to invest in and carefully consider the Disclosure Document for that Approved Investment.
- Refer to the Product Brochure for that Approved Investment to review the methods for calculating interest in respect of the Approved Investments you are investing in and the indicative interest rates.
- Complete the Limited Recourse Investment Loan (non superannuation funds) Application Form or the Limited Recourse Investment Loan (superannuation funds only) Application Form, including the name of the Approved Investment and the method you choose for calculating interest.
- Submit the Investment Loan Application Form to NAB. NAB will review your Investment Loan Application Form and will notify you of the outcome and send you an Investment Loan Confi rmation. NAB may require you to provide additional documentation before accepting your Investment
The information contained in this website is published by National Australia Bank Limited ABN 12 004 044 937.
NAB voluntarily subscribes to the Code of Banking Practice which lays down standards of good banking practice for dealing with small businesses and individuals. A copy of the Code can be obtained by calling 13 10 12.